Not such a crazy idea, according to some:
Detroit has more than 200,000 vacant parcels—almost half of them residential plots—that generate no significant tax revenue and would cost more to maintain than the city can afford. Finding new uses for this land has become one of the most pressing challenges for a city that lost a quarter of its population in the past decade.Matthew Dolan of the Wall Street Journal has the story: here
[Entrepreneur John Hantz] proposes to ease that burden by buying about 2,300 parcels and planting oak trees, then maybe fruit orchards and hydroponic vegetables. The hardwoods could be harvested and sold within a decade to customers looking for young trees, according to Hantz Farms.
Detroit "cannot create value until we create scarcity," Mr. Hantz says. "Large-scale farming could begin to take land out of circulation in a positive way."
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